BENEFITS OF RATIO UTILITY BILLING FOR ADUS
1. Fair, Transparent Allocation of Costs: RUBS ensures that the utility costs are distributed fairly based on consumption.
2. Encouragement of Conservation: When Residents are responsible for their utility bills, they are more mindful of their consumption. What’s good for the planet is good for your wallet!
3. Financial Sustainability: For homeowners, ADUs can provide an additional source of income. But you can’t raise the rent every time the city raises water prices. Implementing RUBS lets you maintain a healthy bottom line as utility costs, especially water, continue to rise.
4. Ease of Implementation: RUBS can be easily implemented by property owners and property managers. No separate meters or submeters are needed, making it a cost-effective solution.
ADU’s can address housing challenges, provide additional income, and promote multi-generational living. Ensuring a fair and efficient utility cost recovery mechanism is essential to their success.
As the popularity of ADUs continues to rise, integrating RUBS into these housing setups can unlock their full potential and contribute positively to housing diversity and affordability.
“Livable is here to help,” says Livable CEO Dan Sharabi. “We want to help Housing Providers get the most from their investments and help encourage the conservation of valuable natural resources at the same time.”
So, if you’re a homeowner contemplating an ADU addition, keep the magic of Ratio Utility Billing in mind. It's not just about fair billing – it's about building a better, more inclusive future for everyone!
DANIEL SHARABI CEO & Co-founder Livable
Daniel Sharabi is the CEO & Co-founder of Livable, a utility management company with software solutions designed to save money, as well as the environment. Daniel’s immersive experience working within a multitude of sectors in Silicon Valley offers a homegrown advantage in his vision of leveraging technology to provide benefits for all: the property owner, property manager, the tenants, and our environment. To find out what Livable can do for your property check out livable.com or call 877-789-6027.
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